Strong interest shown in Guernsey alternatives at Hong Kong event

21 September 2018

There was a strong turn-out promoting good opportunities for Guernsey at today’s Guernsey Finance alternative investment 'Masterclass' event in Hong Kong.

More than 80 people attended, including general partners, limited partners, family offices, lawyers, bankers and investment managers, and associations represented included the Hong Kong Investment Funds Association and the HK Venture Capital Association.

Topics discussed included developments in real estate and as an investment opportunity for family offices, the drive from family offices for niche opportunities, Asian interest in cryptocurrencies and blockchain, growing enthusiasm for the new Guernsey Green Fund, and Guernsey’s position as a funds domicile from a Hong Kong perspective in comparison with Cayman and Luxembourg.

“Guernsey’s sophisticated solutions and expertise are being increasingly recognised in Hong Kong and China, as a result of our hard work in the region, and we look forward to further business developments over the next few months.”
Guernsey Finance Deputy Chief Executive Kate Clouston

A panel discussion on investment in alternative assets, featuring Hong Kong-based experts with a background in working with Guernsey and alternative structures, highlighted the island’s 'dynamism' and transparency record.

Speakers were Eric Huet from Ventech China, Dr Louis Poon from the Association of Family Offices in Asia and Association of Private Bankers in the Greater China Region, Stuart Jackson, CEO of InfraRed NF, and banking and finance lawyer Jolyon Ellwood-Russell, partner at global law firm Simmons & Simmons, and the discussion moderator was Joe Truelove, Director of Fund Services at Trident Trust in Guernsey.

The event was sponsored by Trident Trust, which has a background of administration of Cayman-domiciled funds of Hong Kong managers through Guernsey.

“We were delighted with the number and the quality of the delegates who attended our event and their level of knowledge and interest shown about Guernsey in Hong Kong,” said Kate Clouston, Deputy Chief Executive at Guernsey Finance.

“Guernsey’s sophisticated solutions and expertise are being increasingly recognised in Hong Kong and China, as a result of our hard work in the region, and we look forward to further business developments over the next few months.”

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